https://www.taxtmi.com/acts?id=48432 A special computation rule deems a portion of amounts paid or payable and amounts received or deemed received by a non-resident for providing services or technology related to establishing or operating an electronics manufacturing facility for a resident company (participating in a notified government scheme and meeting prescribed conditions) to be the profits and gains of the non-resident's business chargeable to tax under business income provisions; set off of unabsorbed depreciation and brought forward losses is disallowed where profits are declared under this deeming rule. en-us Sat, 01 Feb 2025 14:30:57 +0530 Sat, 01 Feb 2025 14:30:57 +0530 TaxTMI RSS Generator https://www.taxtmi.com/acts?id=48432 A special computation rule deems a portion of amounts paid or payable and amounts received or deemed received by a non-resident for providing services or technology related to establishing or operating an electronics manufacturing facility for a resident company (participating in a notified government scheme and meeting prescribed conditions) to be the profits and gains of the non-resident's business chargeable to tax under business income provisions; set off of unabsorbed depreciation and brought forward losses is disallowed where profits are declared under this deeming rule. Act-Rules Bills Sat, 01 Feb 2025 14:30:57 +0530 https://www.taxtmi.com/acts?id=48432